80 High Street Newmarket Suffolk CB8 8JX

80 High Street
Newmarket
Suffolk
CB8 8JX

Prime Freehold Retail Investment

Let to WH Smith Retail Holdings Limited until November 2021 (no breaks)
Affluent Suffolk market town
Prime location close to The Guineas Shopping Centre and close to Boots the Chemist and Tesco Express
VAT-Free Investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
16
Auction
12th February 2015
Rent
£90,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Prime Freehold Retail Investment

Let to WH Smith Retail Holdings Limited until November 2021 (no breaks)
Affluent Suffolk market town
Prime location close to The Guineas Shopping Centre and close to Boots the Chemist and Tesco Express
VAT-Free Investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 16
Auction 12th February 2015
Rent £90,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 13 miles east of Cambridge
Roads: A11, A14, M1
Rail: Newmarket Railway Station
Air: Stansted Airport

Situation

Newmarket is an affluent Suffolk market town located 13 miles east of Cambridge. The property is situated in a prime trading position on the northern side of the High Street, Newmarket’s main retailing thoroughfare and a few doors from the Guineas Shopping Centre.
Nearby occupiers include Marks & Spencer, Boots the Chemist, Argos, Tesco Express, Barclays Bank and HSBC.

Tenure

Freehold.

Location

Miles: 13 miles east of Cambridge
Roads: A11, A14, M1
Rail: Newmarket Railway Station
Air: Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor sales accommodation with ancillary accommodation located on the first floor.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground First	Sales/Ancillary Ancillary	216.18 sq m 136.75 sq m	(2,327 sq ft) (1,472 sq ft)	WH SMITH RETAIL HOLDINGS LIMITED (1)	15 years from 06/11/2006 until 2021 on a full repairing and insuring lease	£90,000	06/11/2016
Totals		352.94 sq m	(3,799 sq ft)			£90,000

(1) For the year ending 31/08/2013, WH Smith Retail Holdings Limited reported a turnover of £169,180,000, pre-tax profits of £140,968,000 and a total net worth of £466,409,000. (Source: www.riskdisk.com 15/01/2015